TPR issues nearly 1,000 section 72 information requests in nine years

51 requests in 2019

Kim Kaveh
clock • 1 min read

The Pensions Regulator (TPR) has issued 937 requests for information under section 72 of the Pensions Act 2004 since its records began in 2010.

In a Freedom of Information Request (FoI) response published last month, the watchdog revealed the highest number of requests in a year was in 2016, when they amounted to 158, and the lowest was in 2010, during which 12 were issued. So far this year, TPR has issued 51 section 72 requests. The regulator has the power under the act to require recipients of a section 72 notice to provide it with information and documents relevant to its statutory functions. Failure to provide such information, without a reasonable excuse, is a criminal offence that can result in an unlimited fine. The sa...

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